Terra Luna Classic Rises 8% in 24 Hours, Trending on Platforms
- Price Surge: Terra Luna Classic (LUNC) rose approximately 8% within 24 hours on May 2, 2026, trading near $0.0000772 with a market cap of roughly $426.1 million, indicating sustained market interest in the token.
- Volume Analysis: On the same day, LUNC posted a 24-hour trading volume of approximately $78.6 million, with a market cap-to-volume ratio around 18%, reflecting a moderate level of activity and liquidity in the market.
- Community-Led Recovery: Following the collapse of the original Terra ecosystem in May 2022, LUNC has implemented a transaction tax and burn mechanism aimed at gradually reducing its multi-trillion supply, with high community engagement evidenced by governance proposals attracting hundreds of votes.
- Market Background: The May 2022 Terra-Luna collapse erased roughly $40 billion in market value, and while institutional interest in LUNC remains virtually absent, its retail and community-driven narrative provides a stable base of engaged participants, limiting downside risks.
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE). As of , Dogecoin (DOGE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DOGE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DOGE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0793 | 0.0881 | 0.0962 | 0.105 | 0.113 | 0.122 | 0.13 |
| Fibonacci | 0.0881 | 0.0946 | 0.0985 | 0.105 | 0.111 | 0.115 | 0.122 |
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